IRS Seeks Applications for TE/GE Advisory Committee IR-2007-180, Oct. 31, 2007 – The IRS is seeking applications for vacancies on the Advisory Committee on Tax Exempt and Government Entities (ACT). The committee provides a venue for public input into critical tax administration areas.

2008 Inflation Adjustments Widen Tax Brackets, IR-2007-172, Oct. 18, 2007 — For 2008, personal exemptions and standard deductions will rise, tax brackets will widen and workers will be able to save more for retirement, thanks to inflation adjustments announced today by the IRS.

Honda Vehicle Certified As Qualified Hybrid Vehicle IR-2007-168, Oct. 12, 2007 — The Internal Revenue Service has acknowledged the certification by American Honda Motor Company, Inc. that its Model Year 2008 Honda Civic Hybrid CVT meets the requirements of the Alternative Motor Vehicle Credit as a qualified hybrid motor vehicle.

Treasury, IRS Issue Pension Protection Act Guidance IR-2007-167, Oct. 9, 2007 — The Treasury and the IRS today issued a notice on the methodology used to produce the corporate bond yield curve and segmented rates as part of rules for companies enacted by the Pension Protection Act of 2006 (PPA).

Jump In E-filed Corporate Tax Returns Produces Record IR-2007-164, Oct. 4, 2007 - The IRS announced today that more than 800,000 of the nation’s small businesses and large corporations have electronically filed their tax returns so far this year, a 60 percent increase from last year.